Trump to Leave His Businesses, Focus on Presidency

U.S. President-elect Donald Trump arrives at the the main clubhouse at Trump National Golf Club in Bedminster, New Jersey, U.S., November 19, 2016. REUTERS/Mike Segar

Trump Vows to Step Back to Avoid Conflicts

The President-elect announced today that he is backing out from running his global business empire in order to avoid any conflict of interest. The real estate magnate also announced he will hold his first news conference on Dec. 15 in New York. He said he will discuss how he plans to separate himself completely from the major business holdings. He also announced today that “legal documents are being crafted which take me completely out of business operations.”

Trump said, “I will be holding a major news conference in New York City with my children on December 15 to discuss the fact that I will be leaving my great business in total in order to fully focus on running the country in order to MAKE AMERICA GREAT AGAIN!” He went on to say, “I feel it is visually important as President, to in no way have a conflict of interest with my various businesses.”

Reince Priebus, the incoming White House chief of staff did not answer the question as to if Trump will put his businesses in a blind trust. This is what previous presidents have usually done – or, if he will leave them in the hands of his children. Priebus answered this by saying, “I’m not ready to reveal that really.”